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28 changes: 28 additions & 0 deletions revolut.adoc
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= Payment methods: Revolut

== Description

Revolut Ltd is a digital banking alternative that includes a pre-paid debit card (MasterCard or VISA),
currency exchange, cryptocurrency exchange (Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC)) and
peer-to-peer payments. Revolut currently charges no fees for the majority of its services (but for a
capped usage), and uses interbank exchange rates for its currency exchange on weekdays, and charge a
markup from 0.5% to 1.5% on weekends. The Revolut App gives customers instant access to Bitcoin,
Litecoin and Ether by exchanging to/from 25 fiat currencies. However, they remain in the app and
cannot be moved to another cryptocurrency wallet.

* Website — https://www.revolut.com/[revolut.com]
* Terms and Conditions - https://www.revolut.com/website-terms[revolut.com/website-terms]
* Chargeback risk: Low
* Privacy protection to other peer: High (using e-mail) / Medium (using mobile phone)
* Mandatory data for a transaction: Amount and email or phone no.
* Duration: Instant
* Region: Global
* Fees: Low
* Verifiable: Receipt
* Fraud risk: Low

== Best practices

When using phone number as a Revolut ID will automatically allow you to make an instant payment.
When using e-mail an e-mail is sent to the other user with an unconfirmed payment and they need to
claim it. UX is worse / privacy is better with e-mail.